Assam Chief Minister Himanta Biswa Sarma, the first from the state to attend the World Economic Forum (WEF) Annual Meeting in Davos, said the state had “made a mark”, highlighting Assam’s growing stature
as a global investment destination. Speaking at multiple high-level meetings, Sarma showcased the state’s investment potential, growth trajectory, and readiness to partner with international companies across key sectors.
In the semiconductor and electronics space, the chief minister engaged with global industry leaders including Synopsys, Qualcomm, Analog Devices, Thermo Fisher, Honeywell, and Henkel, while also holding discussions with Tata Group chairman N Chandrasekaran. The talks focused on expanding Assam’s semiconductor ecosystem, with companies expressing strong interest in collaborations and investment opportunities in the state.
On technology and artificial intelligence, Sarma met senior IBM leadership to explore investments in data development, AI applications, and cybersecurity, with a delegation expected to visit Assam soon. In sustainability and climate action, discussions with Ecora CEO Ian Janson focused on biochar, regenerative agriculture, and afforestation initiatives, aimed at carbon removal and providing tangible benefits to Assam’s farming communities.
Sarma also outlined Assam’s public health initiative during discussions with Philip Morris International, detailing the state’s phased plan to become nicotine-free, including reductions in tobacco cultivation and bans on smokeless tobacco sales. In agriculture, retail, and tourism, the chief minister engaged LuLu Group Chairman Yusuf Ali, who expressed serious interest in investing in Assam’s agricultural resources, hospitality, and retail sectors.
Highlighting Assam’s readiness in green energy, mobile manufacturing, agriculture, semiconductors, and services, Sarma emphasized the state’s strategic advantages under national policies such as Act East, and potential gains for the tea industry through India-EU trade agreements. He noted that these engagements could result in future MoUs worth up to Rs.1 lakh crore, driving investment, job creation, and long-term prosperity.
Calling Assam’s presence at Davos part of “Team India,” Sarma said the discussions demonstrated that every region of India is now open for global investment and that Assam is ready to emerge as a key hub for technology, industry, and sustainable development.
